First Commonwealth Financial (FCF) News Today

Royal Bank of Canada increased their target price on First Commonwealth Financial from $17.00 to $18.00 and gave the company an "outperform" rating in a research report on Thursday.

State Board of Administration of Florida Retirement System boosted its holdings in shares of First Commonwealth Financial Co. (NYSE:FCF - Free Report) by 72.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 92,972 shares of the

First Commonwealth Financial (NYSE:FCF) Shares Up 4.5% on Better-Than-Expected Earnings

First Commonwealth Financial Co. (NYSE:FCF) announced a quarterly dividend on Tuesday, July 23rd. Investors of record on Friday, August 2nd will be given a dividend of 0.13 per share by the bank on Friday, August 16th. This represents a $0.52 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date is Friday, August 2nd.

First Commonwealth Financial (NYSE:FCF - Get Free Report) posted its earnings results on Tuesday. The bank reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.01. First Commonwealth Financial had a return on equity of 12.89% and a net margin of 24.96%. The company had revenue of $120.20 million for the quarter, compared to analyst estimates of $118.34 million. During the same quarter last year, the company earned $0.42 earnings per share. The company's revenue for the quarter was down 1.8% on a year-over-year basis.

First Commonwealth Financial (NYSE:FCF) Reaches New 1-Year High at $16.99

BNP Paribas Financial Markets increased its stake in First Commonwealth Financial Co. (NYSE:FCF - Free Report) by 137.7% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 68,729 shares of the bank's stock after acquiring an additional 39,811

First Commonwealth Financial (NYSE:FCF) Sees Unusually-High Trading Volume

First Commonwealth Financial Co. (NYSE:FCF - Get Free Report) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totalling 1,240,000 shares, a decline of 5.3% from the June 15th total of 1,310,000 shares. Based on an average daily volume of 425,800 shares, the short-interest ratio is presently 2.9 days.

First Commonwealth Financial (NYSE:FCF) Sets New 52-Week High at $16.10

First Commonwealth Financial Co. (NYSE:FCF - Get Free Report) was the recipient of a significant drop in short interest in May. As of May 31st, there was short interest totalling 1,290,000 shares, a drop of 14.0% from the May 15th total of 1,500,000 shares. Based on an average daily volume of 435,200 shares, the days-to-cover ratio is presently 3.0 days.

Hsbc Holdings PLC acquired a new position in First Commonwealth Financial Co. (NYSE:FCF - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 68,418 shares of the bank's stock, valued at approx

Norges Bank acquired a new stake in shares of First Commonwealth Financial Co. (NYSE:FCF - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 699,650 shares of the bank's stock, valued at approximately $10,80

Franklin Resources Inc. increased its holdings in First Commonwealth Financial Co. (NYSE:FCF - Free Report) by 155.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,697,502 shares of the bank's stock after buying

StockNews.com upgraded First Commonwealth Financial from a "sell" rating to a "hold" rating in a research report on Saturday.

Assenagon Asset Management S.A. boosted its holdings in First Commonwealth Financial Co. (NYSE:FCF - Free Report) by 131.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 189,922 shares of the bank's stock aft

First Commonwealth Financial Co. (NYSE:FCF - Get Free Report) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totalling 1,560,000 shares, a growth of 32.2% from the April 15th total of 1,180,000 shares. Based on an average daily volume of 497,300 shares, the short-interest ratio is currently 3.1 days.

Federated Hermes Inc. grew its holdings in shares of First Commonwealth Financial Co. (NYSE:FCF - Free Report) by 43.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 286,934 shares of the bank's s

First Commonwealth Financial Co. (NYSE:FCF) declared a quarterly dividend on Tuesday, April 23rd. Shareholders of record on Friday, May 3rd will be paid a dividend of 0.13 per share by the bank on Friday, May 17th. This represents a $0.52 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date is Thursday, May 2nd. This is a positive change from First Commonwealth Financial's previous quarterly dividend of $0.13.

First Commonwealth Financial (NYSE:FCF - Get Free Report) announced its earnings results on Tuesday. The bank reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.01. The business had revenue of $116.60 million for the quarter, compared to analysts' expectations of $119.80 million. First Commonwealth Financial had a net margin of 25.07% and a return on equity of 13.78%. The company's quarterly revenue was down .9% on a year-over-year basis. During the same period in the previous year, the company posted $0.45 EPS.

Royal Bank of Canada restated an "outperform" rating and issued a $17.00 target price on shares of First Commonwealth Financial in a report on Tuesday.

Assenagon Asset Management S.A. acquired a new position in First Commonwealth Financial Co. (NYSE:FCF - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 82,216 shares of the bank's stock, valued at appro